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Should Essar Oil pay ex-shareholders; why Rosneft deal is no FDI

In an interview with CNBC-TV18, JN Gupta said, "No money is coming to India because about 90 percent of Essar is owned off shore by Ruia. So, the money will remain out of the company, there will be no money flowing into the country."

first published: Oct 15, 2016 09:14 pm

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